This archive report was first published on 28 August 2019.
On August 28, 2019, Airtel Africa achieved a significant milestone by crossing the 100 million customers mark across its operations in Africa, making it the second largest mobile operator in Africa by number of active subscribers.
The company's presence in 14 countries across Africa has been a key factor in its growth, driven by an under-penetrated telecom market, a young addressable population, and rising smartphone affordability, along with low data penetration and an underbanked population.
Airtel Africa's Chief Executive Officer, Raghunath Mandava, attributed the achievement to the hard work of employees and the value customers place on the company's network, service offerings, and customer experience.
“I am delighted to report that Airtel Africa has crossed the 100 million subscriber mark. This achievement is testament to the hard work of our employees and a clear reflection that customers value our network, service offerings and customer experience. The positive momentum we have seen in customer acquisition, further underpins our medium-term aspirations for revenue and profit growth. I would like to take this opportunity to thank all the teams that have worked hard to get us here,” Mandava said.
The milestone opens up new opportunities for the data and mobile money segments, and Airtel is expanding its network footprint and number of 4G sites to enhance network capabilities and support its future business growth.
